Vista Investment Partners II LLC Acquires New Position in MicroStrategy Incorporated (NASDAQ:MSTR)

Vista Investment Partners II LLC bought a new stake in shares of MicroStrategy Incorporated (NASDAQ:MSTR) in the fourth quarter, Holdings Channel.com reports. The firm bought 16,962 shares of the software maker’s stock, valued at approximately $4,913,000. MicroStrategy accounts for 2.9% of Vista Investment Partners II LLC’s portfolio, making the stock its 5th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Riverview Trust Co acquired a new position in MicroStrategy during the 4th quarter valued at about $25,000. Parkside Financial Bank & Trust boosted its stake in MicroStrategy by 422.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 94 shares of the software maker’s stock valued at $27,000 after purchasing an additional 76 shares during the period. Aspect Partners LLC acquired a new position in MicroStrategy during the 4th quarter valued at about $28,000. Private Wealth Management Group LLC boosted its stake in MicroStrategy by 208.8% during the 4th quarter. Private Wealth Management Group LLC now owns 105 shares of the software maker’s stock valued at $30,000 after purchasing an additional 71 shares during the period. Finally, Compagnie Lombard Odier SCmA acquired a new position in MicroStrategy during the 4th quarter valued at about $32,000. 59.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. BTIG Research upped their price target on shares of MicroStrategy from $290.00 to $570.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Keefe, Bruyette & Woods assumed coverage on shares of MicroStrategy in a research note on Friday, February 7th. They issued an “outperform” rating and a $560.00 price target for the company. Sanford C. Bernstein reissued an “outperform” rating and set a $600.00 target price on shares of MicroStrategy in a research note on Thursday, December 12th. Cantor Fitzgerald increased their target price on shares of MicroStrategy from $613.00 to $619.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Mizuho assumed coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They set an “outperform” rating and a $515.00 target price for the company. One investment analyst has rated the stock with a sell rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $536.90.

MicroStrategy Stock Down 5.6 %

MSTR stock opened at $287.18 on Monday. MicroStrategy Incorporated has a 52-week low of $101.00 and a 52-week high of $543.00. The company’s 50 day simple moving average is $325.57 and its 200-day simple moving average is $278.68. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.71 and a quick ratio of 0.65. The firm has a market capitalization of $73.91 billion, a P/E ratio of -50.98 and a beta of 3.36.

MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

About MicroStrategy

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.